The reason you need to plan to sell is 8 to maximize the value of your business. But be this is and this is a problem with so many commerce businesses right now is um, Especially those run by one person or a very small team. The business looks fantastic. The listings are great. The ratings are wonderful. Really good products, branding, spot on websites really slick. You open up the box and look inside and it's a mess. Google sheets here. Ever know over there, Excel on your random hard drive stuff in the owner's mind. And so when it comes to trying to sell that, it's a complete mess. And when the potential buyers during their doing their due diligence, either they're going to look at this and say we're not touching that or they're going to have so many opportunities to negotiate down based on how messy it all is that you're not going to get the right value for your business. So that's that's important than just in terms of the planning, the best place to start is. And this is true even for people who are listening thinking but I don't want to sell my business, well that's fine, you don't have to sell your business. Although I almost can guarantee that one day you're going to want to because you're not gonna do this forever. But it's very very useful to get a reference point as to where you are now. And that means get your business valued now so that you know where you are. Otherwise you're trekking through the jungle without a map. And then what you can do is you can say, you know, let's say you have your business value that's worth X. Or let's pick a number, let's say it's worth half a million. Could be half million. Could be a 50 grand, could be five million. Does't matter. And you you might think yourself wonderful, I want to sell it for that or you might think to yourself, I don't want to sell it for less than a million. Great now, you know where you are, you know you want to get to and it's a case of reverse engineering that and stacking up the dominoes if you like of the things that are going to get you there and then knock them down. You can do that on your own or you can work with the right organization to do that.
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